Residential Financing

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Residential Financing

This is a group for those seeking/providing information about residential financing

Members: 262
Latest Activity: on Tuesday

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This is the group for those seeking or providing information about residential financing. This group is currently set to be a public group. This means that everyone can see the content, pages and discussions of this group.

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Check out our aggressive new Fix & Flip Program!

Started by Monty Yeager Feb 5, 2023. 0 Replies

Here is our new Fix & Flip Program:Term: 12 monthsPurchase or RefinanceUp To 90% LTVLoan Amounts From…Continue

Tags: rehab, flip, construction, lending, commercial

Direct Reputable Rental and Rehab Funder Available Nationwide

Started by Don Carter Aug 12, 2022. 0 Replies

Below is my main direct Funder that provides Fix and Flip loans and Rehab  and Rental loans,this Lender is well established.My funder lends in the USA only and they lend on 1-4 residential investment…Continue

THE ANATOMY OF A SUCCESSFUL REAL ESTATE FLIP TRANSACTION

Started by Rob Beeman Apr 22, 2022. 0 Replies

Not every deal is a winner, but the true wins benefit many.OK, the investor completed the flip & made a profit.But it is much more than that. Let’s see who else won (benefited).The winners &…Continue

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Comment by Claudia Jenkins on March 21, 2013 at 5:48pm

Need mortgage loans for single family residential owner occupied homes in Florida. I have six to eight buyers looking for financing. Please contact me via email or phone, cneil101@yahoo.com or 407-709-6674. Thanks for your help!

www.isellflorida.us

Comment by Jason Hooks on March 9, 2013 at 6:18pm

REHAB PROGRAM

Fix and Flip Rehab Funding Available All 50 States

No minimum credit required.

Experienced Rehabbers Preferred

14 day turnaround

Loans from $50 K to $100 K, up to 65% of ARV

After the first deal is done, higher loan amounts are possible.

Terms: 1% interest paid monthly, 3-4 month term.

Lender will take 50% share of net profits when you sell the property.

If you have a deal ready NOW that meets the above criteria, contact Jason at: localprivatemoney@gmail.com  for a free application.

Comment by Linda King on March 1, 2013 at 11:36am

Hello - I am new to the site but enjoy connecting with other professionals to assist in business!

I am a Note Broker specializing in Seller-Financed Mortgages or Businesses - Commercial & Residential.  I can provide partial or full cash payouts for these Notes.

Happy to assist wherever I can - Let me know if I can assist!

Linda

Comment by Ken and Ari Walker on January 23, 2013 at 4:52pm

Want to remind everyone I still fund Hard Money Loans for Owner Occupied purchases!  

Recently celebrated mine and my wife's 25th anniversary owning our family Real Estate & Mortgage/Hard Money company in Northern California and we are still happily married, working together and enjoying servicing Buyers and Borrowers. 

Sun Pacific Mortgage & Real Estate website

Comment by anthony mounts on December 25, 2012 at 5:16pm

REAL ESTATE VENTURES IN MIAMI,FL(DADE COUNTY)

NEED PRIVATE LENDERS FOR SINGLE FAMILY HOUSES IN GROUP

VICTORYPROPERTIESIV.COM 

MOUNTS@BELLSOUTH.NET

Comment by Danielle Burgess on December 10, 2012 at 11:34am

Looking for LOs & Branch Managers in CA, CO, FL, GA, HI,
IN, KS, LA, MO, NM, OK, SC, TN, TX, VA
.

Here is what Loan Simple offers our Branch Managers:

-          24 hour turn times & same day closings                               

-          Talk directly to underwriters

-          We underwrite to LP/DU, no overlays

-          100% payouts on banked files

-          Weekly payouts

-          No branch fees, monthly minimums

-          Consistently low rates to keep you competitive in the market

-          Conv, FHA, VA, USDA, Jumbo, HARP, and Non-Conforming loans with a 620 min fico

-           You choose your comp plan. We do not restrict you to 135 bps, you can set your bps based on what you can sell rate wise. We allow you to have 4 comp plans, and you can change them monthly.

Send me a few scenarios if you would like to check our rates. Set up is quick and easy. Email me at dburgess@loansimple.com or call 720-320-2023 for more information.

Comment by Bill Herrera, Ph.D. on November 12, 2012 at 7:46pm

We Lend Money - in your Hands in 10 Days !!

We are a nationwide private lender with unlimited funds willing to take experienced rehabbers to a new level.  How many fix-flip deals can you do per month ?  In most cases we lend up to $50,000 (more after 1st deal) to purchase and/or rehab a SFR (1 to 4 units), and we will never lend over 65% ARV. In return we ask for 1st trust deed on this, or other, property recorded in our name, with an exit plan of  ~3 months (fix-flip only), and a profit sharing split in equity, usually 50-50, at the close of escrow.

If this sounds interesting then please email me more information on your project, including the attached Request for Funding form (email us if you don't see the form).   bill@herrerarealty.com    www.herrerarealty.com

Comment by Ken and Ari Walker on November 6, 2012 at 5:02pm

Looking for fast loans despite poor credit for owner occupied properties?  Not many company offers owner occupied loans anymore due to increased regulations and required licensing.  But I still do for Northern CA!  Call me (707) 523-2099 or email me through LendPost or my website at www.sunpacmortgage.com

Comment by Ken and Ari Walker on October 23, 2012 at 11:17am

Not many Hard Money Lenders do Owner Occupied loans but I do! I've offered Hard Money loans through my office here in Northern CA since 1990.  Honest. Friendly. Fast.  Feel free to check out all we have to offer on our regularly updated website at www.sunpacmortgage.com.  Or give me, Forest - The Guy in the White Hat - a call at 707/523-2099.

Comment by Ken and Ari Walker on October 16, 2012 at 3:27pm

If you are feeling beat up after making offer after offer to no avail, get to your local Hard Money Lender, get Pre-Approved and go write a Winning Bid:

It looks like the various predictions that 2012 will be the best year in Real Estate since 2006, are coming true.                         

The statistics bear this out for sure, but a more telling phenomena is the dreaded bidding war.  That is a listing that receives multiple offers.  These happen with frequency in a market with not enough homes and too many eager Buyers.  It also happens on really desirable properties.  Of course this is great for the Seller of that property and the values for that area, but only 1 Buyer will take home the prize.  The losing bidders will have to go find another one.  I have personally seen a Buyer from my office recently compete with 34 other offers on a property. 

He had the Winning Bid.  

What set his offer apart, as far as we can tell, is the fact that he was purchasing with Hard Money.   

The listing agent knew that the Hard Money Pre-Approval for that Buyer meant that the lender was ready to go with this loan.  He knew that the property would not likely be a problem to the lender, as Hard Money will do really ugly properties, and this one was not that bad.  He also knew that it would be fast as the contract offered a close of escrow in 21 days or less.

So the Buyer made the offer using Hard Money with a 21 days or less close of escrow and all contingencies removed in 10 days instead of the default of 17 days. This was an offer the listing agent could really get behind and it was the Winning Bid – out of 34 others!

           

 

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